💹 Let's dive into the analysis of Binance Coin (BNB), one of the top-ranking and popular cryptocurrencies. We'll look for new entry and exit points to maximize our profits in this market. 📝 Background : As you might know, BNB is the native coin of Binance, the largest cryptocurrency exchange. Many activities on Binance can be conducted using BNB, making it a...
After experiencing a parabolic increase of 200% over 200 days, BNB coin has now reached a significant resistance zone ranging from $616 to $660. Current Market Perspective: Given the current conditions and Bitcoin's behavior, a correction and consolidation period for BNB is highly likely. For those who took positions at $255 following advice from Trade City Pro,...
What 's up?! My friends! This is BNBUSDT chart. After breaking the GREEN downtrend line, It is currently keeps it. If it keeps the GREEN downtrend line, It will reach the RED uptrend line. * It's also worth looking forward to the rise due to the FLAG pattern.
Dear Traders, We are convening a discussion focused on #BNBUSDT The Symmetrical Triangle Pattern is Formed In Case of Successful Breakout, Expecting a Bullish Move of 20% 🚀 Regards: AnnaTradeCharts #Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading #BTCUSDT #ETHUSDT #ALTCONS #USDT CRYPTOCAP:BTC CRYPTOCAP:ETH CRYPTOCAP:USDT CRYPTOCAP:PEPE ...
In the crypto market, the largest assets are currently experiencing similar situations. On the charts, we can see that six assets have formed sideways trends. Prices for all six assets are currently at the bottom of these sideways trends. For four assets, the price temporarily dropped below the lower boundary of the sideways trend, where liquidity from sellers...
Hello friends, welcome to this BNB/USDT update from Crypto Sanders. Certainly! Here's an update based on the recent movements and potential outlook for BNB (Binance Coin): Resistance: The key resistance area to watch is around $610. BNB recently bounced from the support level provided by the yellow moving average line. The price is now approaching the critical...
Notice that this is the same chart setup we used before; Binance Coin bearish potential remains intact. The bearish potential is intact because BNBUSDT is still moving within a lower high compared to 16-March. Notice that the peak is very close to Bitcoin's; What one does, the rest follows! We do have a volume breakout in the last two days and the MACD looks...
BNB/USDT has displayed a bullish consolidation pattern and is now poised for an upward breakout. A buy stop order is set at 625 to capture the breakout from this consolidation, targeting a favorable risk/reward ratio of 1:2. This strategy anticipates a significant upward movement as BNB/USDT aims to reach higher resistance levels. Monitor closely for the...
This technical analysis is based on the daily chart of BINANCE:BNBUSDT on the Binance exchange. In this analysis, a price channel is drawn, and support and resistance levels are evaluated. Price Channel Analysis: The price is currently within a price channel ranging from 556.3 to 676.1 USDT. The suggested entry point is around 588.5 USDT. Entry and Exit...
Welcome, Trader. Welcome to our crypto community! 🚀We are delighted to welcome you, whether you are an experienced trader or new to cryptocurrency. We are willing to discuss #BNBUSDT💹. #BNBUSDT 🔥🚀 ___________ Update: Time frame: 08 hours. ➡️ BNBUSDT formed a symmetrical triangle pattern. ➡️ Struggling to breakout to the upside 🚀. ➡️ Currently moving under...
BNB is consolidating and gaining strength, positioning itself to either reach new highs or lows. Given today's conditions in the altcoin market, there is a significant possibility for it to establish a renewed support zone around the 500 level.
upward break is more probable than other scenarios ,so waiting for this break for going toward its tp's . this analysis is based on fibo level and price action and ichimikou indication . please share your comments if you like
Hello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price in a short time rose to the resistance level, which coincided with the seller zone, and soon broke this level. After this, the price rose to 627 points and then made a strong impulse down to 508 points, thereby breaking 600 and 547 levels. After this,...
BINANCE:BNBUSDT remains in a consolidation phase, as evident from the daily timeframe. The price has been oscillating between 515 and 615 levels, testing the upward trendline that emerged after the recent range breakout. Following the price's rebound after respecting the upper boundary of the downward channel, we've seen a significant daily bearish candle...
The BINANCE:BNBUSDT , one of the largest crypto capitalizations, has unquestionably been an extremely strong asset since the start of the year. We can see that it is currently consolidating in a symmetrical top triangle, a chartist figure favorable to the continuation of an uptrend. The Magic Bands (PMB) had given a very good sell signal at $630, and we can...
🔴 #BNB Analysis : ❓❓ 🔮There is a formation of "Bullish Pennant Pattern" in #BNB in daily time frame. We can expect around $685 bullish move if the price perfectly retests the level📈📈 🔰 Current Price: $616 🎯 Target Price: $685++ ⚡️What to do ? 👀Keep an eye on #BNB price action. We can trade according to the chart and make some profits. ⚡️⚡️ #BNB ...
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About BNB (Update) 1D Timeframe⏳ The Bullish Pennant Formation☑️ Expecting Massive Bullish In Case Of Successful Breakout✍️
BNB is consolidating in a bullish triangle looking for a retest of the rising support trend line and breakout above resistance line. buy at 550 and 540 levels target 700 and 1000 stop 530